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WELCOME TO RECESS. Lawmakers and many Hill staffers have already hit the road, but fear not: Pro Report, your handy-dandy policy wrap of the day, will be around for the break. Not that there will be much policymaking to write about. Each day, you’ll get an abridged version of Pro Report — shorter, and also popping up in your inbox a bit earlier than usual.

NOW IS YOUR CHANCE. Since the pace of policy news is about to slow considerably, now is the time to email Pro Report about political undercurrents you think aren’t getting the attention they should. What do you know that others don’t? What should be on our radar? Is there something going on at the state level that we should flag? Happy to chat: rbade@politico.com. Or tweet me @RachaelMBade and follow @POLITICOPro.

TODAY’S TOP NEWS:

1.) STATE WARNS AMERICANS OF AL QAEDA THREAT. If you’re traveling overseas during recess — especially to the Middle East and North Africa — be careful. The State Department issued a worldwide travel alert on Friday for all Americans because of an Al Qaeda threat, Morning Defense author Juana Summers reported. “The Department of State alerts U.S. citizens to the continued potential for terrorist attacks, particularly in the Middle East and North Africa, and possibly occurring in or emanating from the Arabian Peninsula,” the State Department said. “Current information suggests that Al Qaeda and affiliated organizations continue to plan terrorist attacks both in the region and beyond, and that they may focus efforts to conduct attacks in the period between now and the end of August.” http://politico.pro/16evV14

ALSO SHUTTERS EMBASSIES, CONSULATES. The AP late last night: “The U.S. is shuttering its embassies and consulates throughout the Muslim world on Sunday after receiving an unspecified threat, officials said. State Department officials said Thursday that they were taking action out of an ‘abundance of caution.’ Spokeswoman Marie Harf cited information indicating a threat to U.S. facilities overseas and said some diplomatic offices may stay closed for more than a day. Other U.S. officials said the threat was in the Muslim world, where Sunday is a workday. U.S. diplomatic missions in Europe, Latin America and many other places are closed on Sunday.” http://politi.co/136GcKK

2.) SUBPAR JULY JOBS REPORT. Patrick Reis reports for POLITICO: “The trend of sluggish economic growth continued Friday, as federal economists reported that the economy added 162,000 jobs in July while the unemployment rate edged down from 7.6 percent to 7.4 percent. The jobs count, which narrowly missed analyst expectations, follows Wednesday’s dour news that the economy grew by only 1.7 percent in the second quarter. Federal economists also reduced their estimate for first-quarter growth down to 1.1 percent. The 7.4 percent unemployment rate is the lowest of President Barack Obama’s presidency, as the rate dipped to its lowest level since December of 2008. The unemployment rate is based on a separate survey — one that relies on data from a survey of households — from the jobs number, which is calculated via a survey of employers’ payrolls. The household survey, which has a larger margin for error than the payroll count, estimated 227,000 more people were employed in July than in the month before.” http://politi.co/16N3LKF

GOODLATTE PREPS RECESS TALKING POINTS KIT ON IMMIGRATION. House Judiciary Committee Chairman Bob Goodlatte has passed his colleagues a talking point kit for August recess questions they may field from constituents. It’s called the “Immigration Resource Kit” — complete with summaries of the bills they’ve been working on, op-eds and other tidbits. Seung Min Kim reports: “One page highlights comments from conservative leaders and groups backing immigration reform — such as Grover Norquist, the president of Americans for Tax Reform; the American Action Forum; the American Conservative Union; and the Southern Baptist Convention. A notable inclusion is the headline of a Roll Call article that states: ‘Club for Growth and FreedomWorks to Sit Out Immigration Fight’ — two conservative groups that have played instrumental roles in backing primary challengers against Republican incumbents. ... The 24-page document was obtained by POLITICO and verified by Goodlatte’s office, and was first reported on by the conservative National Review. It includes a talking-points list of the top 10 concerns with the Gang of Eight immigration bill, which the Senate passed with 68 votes in late June.” http://politi.co/19mCjZd

UNFINISHED BUSINESS. Lawmakers are peacing out with a swath of unfinished business, and our POLITICO Congress team takes a look at the big issues they’ll have to deal with upon returning in September. “The government shuts down Sept. 30. The farm bill isn’t done. The appropriations process is in shambles. Immigration reform is stagnant. … Appropriations Chairman Hal Rogers (R-Ky.), so frustrated by the stymied pace of spending bills, said he won’t pen a yearlong continuing resolution, and his committee will not vote for it. The House has passed just four of 12 appropriations bills. … There is no clear strategy for funding the government beyond Sept. 30 and lifting the debt ceiling, the two fiscal fights looming in the fall. … There’s not even agreement on the level at which the government will be funded: House Republicans want to set spending at a level of $967 billion, and Senate Democrats are aiming for $1.058 trillion. How long will a stopgap bill last? There’s no agreement on that either.” http://politi.co/137DwMR

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MOST SUPPORT “STAND YOUR GROUND” LAWS. Tal Kopan with the readout on the new survey results: “A majority of Americans support controversial ‘stand your ground’ laws, according to a new poll, but their views are sharply divided along racial lines. Voters back the self-defense laws 53 percent to 40 percent, according to a new poll from Quinnipiac, but when broken down by race, black and white voters have opposite views. White voters support such laws in their states 57 percent to 37 percent, while black voters oppose the laws 57 percent to 37 percent. Hispanic voters are split, with 44 percent supporting the laws and 43 percent opposing.” http://politi.co/18RTkaV

ON PRO TODAY –

WHAT’S NEXT FOR DOC FIX? The bipartisan Medicare payment reform bill might have cleared the House Energy and Commerce Committee in a rare 51-0 vote Wednesday. But, as Jennifer Haberkorn reports Friday, now comes the hard part: figuring out how to pay for it. “The Congressional Budget Office is expected to come back with a price tag on the bill — and the score of some potential ways to pay for it — at some point during the August recess. Then, the bill’s main author, Rep. Michael Burgess (R-Texas), will get started on figuring out what will work. The CBO has estimated that repealing the old Sustainable Growth Rate would cost $139.1 billion, but the agency has yet to issue a final cost of implementing the new policy. … Burgess declined to identify … what pay-fors he hopes to attach to the bill … in favor of keeping talks about how to pay for the bill bipartisan. Rep. Henry Waxman (D-Calif.), the top Democrat on the Energy and Commerce Committee, told POLITICO … [he does not] ‘want to see pay-fors at the expense of the elderly and the poor.'” http://politico.pro/1clAhd8

SENATE FINANCE SPEAKS ON IRS INVESTIGATION — FINALLY. Most of the IRS drama has played out in the House, but the Senate Finance Committee — which also has jurisdiction over the agency — has also been doing its own work. Very quietly. The panel on Friday put out an update. Pro Tax’s Lauren French sums it up: “Committee leaders said panel investigators have interviewed 14 IRS employees, including many of the managers at the heart of the controversy like Holly Paz, a former deputy in the tax-exempt division, Carter Hull, an IRS attorney, and Joseph Herr, an employee in the tax-exempt division. In a joint statement, Senate Finance Committee Chairman Max Baucus and Orrin Hatch, the panel’s top Republican, said they aren’t ‘prepared to make any final conclusions until our investigation is completed. ... Doing so would undermine our ability to get to the truth and effectively address the problems within the IRS that led to these abusive practices.'”

— The joint release and lack of quick conclusions stand in stark contrast to the way the House has been handling its investigation. While the lower chamber’s probe has almost been tainted by bipartisan bickering — with lawmakers capitalizing on the incident for political messaging — the Senate has held together thus far. That means its conclusions could actually carry more weight since it will be speaking — at least so far — with a bipartisan voice.

ON TAP MONDAY: Not much, thank you recess. Mark Zuckerberg, Facebook king, is expected to make his first public pro-immigration reform remarks at a film premiere in San Francisco, Calif., for Jose Antonio Vargas's "Documented," which documents Vargas's experience as an undocumented immigrant living in the United States. … At 11 a.m., the Transportation Department under the lead of new Secretary Anthony Foxx and National Highway Traffic Safety Administrator David Strickland will announce a new “federal pedestrian safety initiative.” … At 10 a.m., the Middle East Institute and Johns Hopkins School of Advanced International Studies will do a talk on "the future of political Islam in Egypt, post-Morsi".

POLICY AROUND THE WEB:

— “An electric-car company co-founded by Virginia gubernatorial candidate Terry McAuliffe (D) is under investigation by the Securities and Exchange Commission over its conduct in soliciting foreign investors, according to law-enforcement documents and company officials,” Tom Hamburger and Ben Pershing write for The Washington Post. http://wapo.st/16eQNoX

— BBC science reporter Rebecca Morelle writes today about a new study linking climate change to increased violence. “U.S. scientists found that even small changes in temperature or rainfall correlated with a rise in assaults, rapes and murders, as well as group conflicts and war. The team says with the current projected levels of climate change, the world is likely to become a more violent place. … Their examples include an increase in domestic violence in India during recent droughts, and a spike in assaults, rapes and murders during heatwaves in the U.S.” http://bbc.in/1aZIyQO

— The kids these days are taking Model U.N. to a whole new level. Check out how these college students are spicing up the mock diplomacy group and turning it into a serious drama in this Anjli Parrin story for The New York Times: http://nyti.ms/16eSUt4

— Kickin’ it with mom and dad? CBS today looks at a new Pew Research study that found that a record number of young adults are living with their parents: 36 percent of those between 18 and 31. http://cbsloc.al/14LTxqZ

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